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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. take a look at netflix. the stock catching fire today after getting a deal for exclusive streaming rights to disney movies. the deal does not kick in until after 2016, but investors are loving it today. how much of a game changer is it for netflix? porter, your take on this. is this justified, this move in the stock? >> reid hastings, netflix ceo, is pulling himself back from the brink with this move, maria. it's absolutely a show stopper. >> okay. so why is it so important for netflix? >> well, they've pretty much exhausted the growth potential in the u.s. their growth is coming from other countries. right now they're operating, believe it or not, in 51 countries outside the u.s. they have about 30 million paying subscribers. they don't have enough content. the content that they've just acquired the rights to through disney is a real show stopper. it puts them miles ahead of the c
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. take a look at netflix. the stock catching fire today after getting a deal for exclusive streaming rights to disney movies. the deal does not kick in until after 2016, but investors are loving it today. how much of a game changer is it for netflix? porter, your take on this. is this justified, this move in the stock? >> reid hastings,...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> s&p 500 basically flat. it has been hanging in there around 1,400 for a couple of weeks now. nasdaq suffering from the apple effect, down 17 points as apple loses another big amount today, more than 2%. industrials though are up, sue, by about almost 50 points. bob pisani pointed out today though if apple had been a part of the dow this week, the dow probably would be off about 350 points. >> certainly would have been a very tough week for the dow jones industrial average. jim iuorio has been with us all week. president at tjm institutional services, a cnbc contributor. you are watching yum! brands. >>> couple days ago yum! brands got annihilated based on some bad news out of china. i
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> s&p 500 basically flat. it has been hanging in there around 1,400 for a couple of weeks now. nasdaq suffering from the apple effect, down 17...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> investors are being pushed to the sidelines, temporarily. apple shares hit, watch the stock down about 2%. casino stocks also under pressure on worries that the chinese government is increasing scrutiny over some of the macao casinos. oracle declared an accelerated second, third and fourth quarter dividend totaling 18 cents per share of outstanding common stock. this announcement comes ahead of a folks dividend tax increase next year. back to you. >> seem marks thank you. power run down time. joining us, cnbc's kayla tausche, john car
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪...
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an individual $4 a day on which to live at a time when we're talking about cutting early childhood education. if we're going to invest in america, frankly, i'd rather invest in america's children than in my overpriced home in california. that's the choice. >> on that note, edward, peter, thank you very much for weighing in. >> i don't disagree with them. canada has zero mortgage interest deduction and a stronger housing market. i don't disagree. >>> coming up next, we're ordering up a grand slam wedding. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas del
an individual $4 a day on which to live at a time when we're talking about cutting early childhood education. if we're going to invest in america, frankly, i'd rather invest in america's children than in my overpriced home in california. that's the choice. >> on that note, edward, peter, thank you very much for weighing in. >> i don't disagree with them. canada has zero mortgage interest deduction and a stronger housing market. i don't disagree. >>> coming up next, we're...
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and every once in a while, he says something and i just feel the need to educate him. and i am very passionate as many americans are about our second amendment rights, and so i was originally just trying to explain to him. i wasn't trying to be nasty. i was really trying to make him understand where this debate was coming from, and he backed me into a corner and so i came back with a musket. >> well, i think that musket thing was absolutely terrific. but i've got to ask you, i need some help here. i'm going on the piers morgan show tonight. we're going to talk about taxes and regulation spending. so i'm not going to tweet, carol. i'm actually going to be there signature across from him. what should i do? >> i think you'll be fine. piers kind of tends to go to the socialist side of things. he's from britain originally, and he doesn't understand the capitalist system all the time. so i think if you and i just keep educating him, keep explaining to him things like the second amendment, like the free enterprise system, like capitalism, i think eventually it will get throug
and every once in a while, he says something and i just feel the need to educate him. and i am very passionate as many americans are about our second amendment rights, and so i was originally just trying to explain to him. i wasn't trying to be nasty. i was really trying to make him understand where this debate was coming from, and he backed me into a corner and so i came back with a musket. >> well, i think that musket thing was absolutely terrific. but i've got to ask you, i need some...
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actually has to do things, defend the country, pay for social insurance, things that people care about, education, infrastructure, we need to collect revenue. when you are talking about collecting revenue from the top .2% of the wealthiest estates, folks whose capital gains, unlike you just said, folks whose capital gains have never been taxed before, because they've never been realized. they've never been sold in the market. >> okay. okay. we have to unfortunately leave it there. we've got time constraints. apologies to robert frank. >> they sucked all the oxygen out of the room. that's okay. dan and jared making nice right there. >> is that making nice? >> that was them making nice. >> okay. >> thank, guys. >>> talk about bang for your buck. mercedes are putting pedal to the metal for your money. >> wait until you hear about the unprecedented deals that are out there. and her financial advisor made a retirement plan, they considered all her assets, even those held elsewhere, giving her the confidence to pursue all her goals. when you want a financial advisor who sees the whole picture, turn to
actually has to do things, defend the country, pay for social insurance, things that people care about, education, infrastructure, we need to collect revenue. when you are talking about collecting revenue from the top .2% of the wealthiest estates, folks whose capital gains, unlike you just said, folks whose capital gains have never been taxed before, because they've never been realized. they've never been sold in the market. >> okay. okay. we have to unfortunately leave it there. we've...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. sponsored report gave a full endorsement that more liquid natural gas exports will help our economy and more shale oil and gas production will make us energy independent. question, will the epa keep its snout out of this great breakthrough energy process? here now to tell us is john hoffmeister. john, what's this take on the liquefied natural gas? i didn't even know there were constraints on their exports. >> well, the department of energy has to grant permits to economies that would seek to export natural gas. the study that came out was not an endorsement by the department energy, not yet. it was a third-party report analyzing the situation. it will now go into public discussion. the department of energy hasn't really taken a position yet opt report. but here's the reality. this is buried treasure, larry, this is buried treasure in this country, natural gas, i mean, tha
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. sponsored report gave a full endorsement that more liquid natural gas exports will help our economy and more shale oil and gas production will make us energy independent. question, will the epa keep its snout out of this great breakthrough energy process? here now to tell...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> the early dividends announced by some companies to avoid higher tax rates are paying off for the ceos and their investors. take larry ellison. he's the ceo of oracle. they are paying dividends three quarters ahead. that means a payday for mr. ellison of $198 million. his shareholders will also do very well and i wish them all happy holidays to beat the tax man. now, president obama wants higher revenues and higher tax rates but you know it often doesn't work out that way. in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll giv
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> the early dividends announced by some companies to avoid higher tax rates are paying off for the ceos and their investors. take larry ellison. he's the ceo of oracle. they are paying dividends three quarters ahead. that means a payday for mr. ellison of $198 million. his shareholders will also do very well and i wish them all happy holidays to beat the tax...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? >>> tgif. what are palo alto networks doing today? >> the stock dropped more overnight. revenue went up but gross margi
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate...
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Dec 3, 2012
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>>
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to...
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as part of a balanced framework, we think there's going to be some room to make some investments in education and infrastructure, things that are good for the long-term growth prospects of this economy. we're going to look at the overall mix through that basic prism. >> i want to ask one final question about leadership. the center piece of your stance on the negotiations is to raise taxes on the wealthy. >> that's not the center piece of our plan. the center piece is a balanced mix of spending reforms and tax reforms that preserve the ability for us to invest in things that are absolutely essential to our ability to grow in the future. >> but so far, when it comes to raising taxes on the wealthy, one thing we know about that from all the polls is it's very popular. it's not something in which you're expending political capital to make that happen. tell me again where the president is exercising leadership -- >> i wouldn't say it's ever popular. look at the history of american politics the last 30 years or the last 40 years. never popular to do what this president did, which is to try to expla
as part of a balanced framework, we think there's going to be some room to make some investments in education and infrastructure, things that are good for the long-term growth prospects of this economy. we're going to look at the overall mix through that basic prism. >> i want to ask one final question about leadership. the center piece of your stance on the negotiations is to raise taxes on the wealthy. >> that's not the center piece of our plan. the center piece is a balanced mix...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. the clash over ethanol accelerating between aaa and renewables fuel industry. aaa is calling on the government to stop forcing gas stations to send a blend of gas called e-15, 15% ethanol and 85% gasoline, saying it could damage car engines as well as void your warranty. >> when i was driving in the minute west this summer i saw e-15 stations available in kansas and nebraska. it prompted renewable fuels association to fire back at aaa insinuating the auto club has become a mouthpiece for the oil industry. let's sort this out. president and ceo of aaa, and president of renewable fuel association. what specifically does e-15 do to harm vehicles? what is it you're suggesting here? >> well, first of all, we've done some research that shows that 95% of the american motorists don't know what e-15 is and don't actually know whether they should be putting it in the tank of their car. and t
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. the clash over ethanol accelerating between aaa and renewables fuel industry. aaa is calling on the government to stop forcing gas stations to send a blend of gas called e-15, 15% ethanol and 85% gasoline, saying it could damage car engines as well as void your warranty. >> when i was driving in the minute west this summer i saw e-15...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. [ female announcer ] if you care for someone with mild to moderate alzheimer's, you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the most common side effects of exelon patch are nausea, vomiting, and diarrhea. the likelihood and severity of these side effects may increase as the dose increases. patients may experience loss of appetite or weight. patients who weigh
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. [ female announcer ] if you care for someone with...
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they'll say terrible in education. nobody's health care is covered. >> listen, if we were terrible -- >> and health care. >> -- but why would all the businesses copt to -- >> that's what they'll say. there's all the problems with texas. it's a horrible place. and nobody's covered by health insurance. the other knock is that i guess a lot of the business development is -- i don't know, what do they say, you've got these grants you give to private corporations. cronyism capitalism? >> we are competitive. >> they point to something and say what is it, federal, state grants to companies. >> it's called competition. >> is it crony capitalism? >> in the real world that's how you compete, you compete for those businesses. listen rick scott in florida is a competitor, bobby jindal, susan martinez, they are all competing for those businesses. if you want to sit there -- i'll give you a good example. i think the martin o'malley, former -- or still -- former dn -- >> he's in virginia now, right? >> no. i think he's up in maryland
they'll say terrible in education. nobody's health care is covered. >> listen, if we were terrible -- >> and health care. >> -- but why would all the businesses copt to -- >> that's what they'll say. there's all the problems with texas. it's a horrible place. and nobody's covered by health insurance. the other knock is that i guess a lot of the business development is -- i don't know, what do they say, you've got these grants you give to private corporations. cronyism...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back. i'm here outside the new york stock exchange because in a little while, they're going to be lighting the tree. i'm with ivanka trump. she's going to be lighting the tree and ringing the closing bell today. she's the executive vice president of development and acquisitions at the trump organization. good to see you. >> thank you. >> what an exciting day for you to be here. tell me why you're here and some of the charities you're involved with as you get ready to ring the closing bell on tree lighting day. >> i teamed up for the second year
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> welcome back. it's a performance enhancing trick called window dressing used by managers to boost their yearly returns. joining us to protect your money and the risk, understanding the risk better, is ronn ensana. good to see you. what exactly is window dressing? let's get right to the source of this issue. we see it every year. explain it. >> if depends. we've been doing this for 28 years together. when we first started talking about it, it was a way for a portfolio manager not to look dumb. this is what they're talking about in "the wall street journ
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> here's a story for all of us to pay attention to. think twice about posting negative reviews about a business on the internet because it could land you in court depending on what you say. it's what happened to jane perez. she criticized work a contractor did on her townhouse and suggested some valuables were missing as a result. here are some photos of what she describes as botched home repairs by the contractor whose name is chris deets. >> last month the contractor fired back with a $700,000 defamation lawsuit. this week a judge ordered some of those allegations to be taken down. the court still must decide whether there are grounds for a defamation case. chris is the contractor and joins
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> here's a story for all of us to pay attention to. think twice about posting negative reviews about a business on the internet because it could land you...
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we rely on a large overseas highly skilled professional contingent who are here, or educated here. and they're the people who are either -- buying and trying to get their first homes, or sort of moving up. it's very little to buy. >> how different is the short-term prognosis for the long-term? you sponsored this report. michael ball in business school, who said that in the end, property prices in particular were meant to go nowhere but up. why is he arguing that? >> the issue is that london is a growing city and we want it to grow and the economy to grow. the fact that we're not building, the green belt is constraining us, so we've got an issue there. but it's also very, very difficult to build into the center. there are more people coming. but also the aspirations are that much higher. as we earn more -- as the capital becomes more economically strong, people want more for their money and that places greater and greater pressure. it's not just investors coming here. that's a small part of it. it's the business and the economy back to the sort of basic economic theory. >> when a pr
we rely on a large overseas highly skilled professional contingent who are here, or educated here. and they're the people who are either -- buying and trying to get their first homes, or sort of moving up. it's very little to buy. >> how different is the short-term prognosis for the long-term? you sponsored this report. michael ball in business school, who said that in the end, property prices in particular were meant to go nowhere but up. why is he arguing that? >> the issue is...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back to the halftime show. we start with occinedal petroleum down 0.5%. >> this stock has been hammered on a fundamental basis and it's interesting because the company, they're changing their strategy to focus on high return projects and also reigning in their spending, people were very concerned they were going to spend galore and not be able to initiate or increase their dividend. i like the story down in the low 70s particularly in the valuation and i like what i heard from management. >> dick's sporting goods, add that to the list of special dividend issuers, $2 a share payable on december the 28th. joe, the stock is getting a little bit of a lift. >> and dks is a favorite name of mine over the last couple of years, a secular trend, all about the footwear, the apparel and it's about the american consumer stepping out, exercising more and using the exercise equipment. this is a stock
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back to the halftime show. we start with occinedal petroleum down 0.5%. >> this stock has been hammered on a fundamental basis and it's interesting because the company, they're changing their strategy to focus on high return projects and also reigning in their spending, people were very concerned they were going to spend galore and not be able...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> november jobs number coming in as quite a surprise to most. the street believed the numbers would be significantly lower due to sandy's impact. the labor department saying that was not the case. joining us exclusively, jan haszius. will we come in next month with huge very rigrevisions down to number. >> i don't think so. i don't think there's that much news in the report. the headlines of course are much better both on the establishment survey and on the household survey. on the establishment survey it's more sandy impact and on household survey it's participation rate. we're still seeing a gradual improvement in labor market conditions underneath all of the month to month noise but it's still pretty gradual. it's still quite slow. that was the impression i think prior to this and that's the impression still. >> seeing this came in above what you had expected, are you apt to revise upward any o
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> november jobs number coming in as quite a surprise to most. the street believed the numbers would be significantly lower due to sandy's impact. the labor department saying that was not the case. joining us exclusively, jan haszius. will we come in next month with huge very rigrevisions down to number. >> i don't think so. i don't think there's that...
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when you first had your meeting with them, how much do you have to educate them? what are they doing wrong up until the moment that they meet you? >> you know, we tell them, don't be afraid of the users. don't be afraid of letting users take control of your brand, and making them into something that they can enjoy and love. don't be afraid of having a little laugh, having a little fun. because what they try to do is put brand from the top-down perspective. here's the message we want to send you and we want to control users. but these kids, the millennials are not responding to that. they're going, i can spend my time looking at funnier ads somewhere else or i can spend my time dealing with brands who seem to understand who i am. we want to help brands understand that if you want to embrace the customer you have to trust them, too. >> and part of that involves hearing from them when they're a little critical of you. you've got to develop a thick skin when it comes to that. finally, you know, ben, we're hearing a little bit more often that venture capital is tougher
when you first had your meeting with them, how much do you have to educate them? what are they doing wrong up until the moment that they meet you? >> you know, we tell them, don't be afraid of the users. don't be afraid of letting users take control of your brand, and making them into something that they can enjoy and love. don't be afraid of having a little laugh, having a little fun. because what they try to do is put brand from the top-down perspective. here's the message we want to...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties that are actual parties!? with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. >>> "wall street journal" reports they are considering options and the parties are actively negotiating. they are looking at multiple options with supervalu including purchasing the entire business or just albertson's stores. >> let's get back to david walker and steve mcmahon for the last word. i say fiscal cliff, david, you say? >> we have a short-term fics
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. gecko (clearing throat) thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know members it.congress. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newscaster:breaking news. the gecko is demanding free pudding. and political parties...
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big structural reforms to education and welfare, but also yesterday changes to our tax regime. so we now have one of the lowest corporation tax rates of any major economy in the world. we've just cut it so that it will be 21%, much lower than our competitors. and we've also greatly increased the allowances for small and medium sized firms so they can invest and expand. so where we've been able to help businesses, we've absolutely done that, and we've had very positive reaction from the business community. >> how concerned are you about the aaa rating and the risk that we continue to drift, still need to cut more and boost growth? >> well, we've got to go on commanding the confidence of the world that we can deal with our debts. that is reflected in the very, very low interest rates that we get at the moment for gilts. and of course that's the test, how much are investors will to go pay for our money f debt. and it scheme that failed to solve the problem and funding for lending hasn't delivered yet. we thought we would get more details about a small business bank to help address
big structural reforms to education and welfare, but also yesterday changes to our tax regime. so we now have one of the lowest corporation tax rates of any major economy in the world. we've just cut it so that it will be 21%, much lower than our competitors. and we've also greatly increased the allowances for small and medium sized firms so they can invest and expand. so where we've been able to help businesses, we've absolutely done that, and we've had very positive reaction from the business...
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and his point is there needs to be an education process -- >> i don't pre-judge the choices people make, right? you can make the decision that you want universal health care. >> you need to know -- >> here's what it looks like, what it costs, and obviously the discussion we never have is the opportunity cost, as well. and something that economics -- >> and i asked steny hoyer that question for a reason, you know how the house works. and rick, i'll say this to you, you can tell those guys in the house until you're blue in the face that i won the election and i made it about higher taxes and that still doesn't mean they have to -- you need those guys to pass the law, right? >> that's right. that's right. >> they got elected too. >> the saddest part. the saddest part is that people as smart as the people around that table up there would think that they're going to get the answer of what's truly best for the long-term health of this country by polling. that's why we're not really a democracy -- democratic republic, we're a republic! >> once again, if you -- >> do you want to get hit on the
and his point is there needs to be an education process -- >> i don't pre-judge the choices people make, right? you can make the decision that you want universal health care. >> you need to know -- >> here's what it looks like, what it costs, and obviously the discussion we never have is the opportunity cost, as well. and something that economics -- >> and i asked steny hoyer that question for a reason, you know how the house works. and rick, i'll say this to you, you...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from ch
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> getting america back to work. our guest host is doing his part, spending millions to jump-start the motor city. dan gilbert is the founder of quicken loans and blackrock ventures. he tell us about the opportunity detroit. >>> netflix in the news. >> what you are about to see is channel 4 news. >> now the s.e.c. is showing interest in ceo reed hastings. we check out the good, the bad, and the ugly. >>> it's jobs friday. "squawk box" begins right now. ♪ >>> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky quick along with joe kernen and steve liesman who is in for andrew ross sork been. the futures are weaker this morning. the dow futures only down 15 points right now so they've shown some improvement. s&p futures down 1 1/2 points. investors focused on the november jobs report which is out 90 minutes from now. the dow jones forecast is calling for 80,000 new nonfarm jobs
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> getting america back to work. our guest host is doing his part, spending millions to jump-start the motor city. dan gilbert is the founder of quicken loans and blackrock ventures. he tell us about the opportunity detroit. >>> netflix in the news. >> what you are about to see is channel 4 news. >> now the s.e.c. is showing interest in ceo...
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be sure to catch money in motion currency trading on fridays 5:30 eastern and if you want more education about currencies, go to currency class@money motion.cnbc.com. >>> a bigger than expected slide in the past week down by 2.4 million barrels. crude supplies fell by 2.4 million barrels. 7.9 million barrels was the rise in gasoline inventories. then we are also looking at fuel supplies that were up by 3 million barrels. up by 3 million barrels. we are looking right now at a sell-off in the oil market. we're still holding above the $88 mark for wti crude futures. we're also looking at lower prices for gasoline because of that huge build we saw and higher prices for heating oil. a proxy for diesel fuel and reflecting the distillate fuel supply number. bigger builds than were anticipated for gasoline and a bigger decline than was expected for crude supplies. send it back to you. >> thank you so much. when we come back, deal making in a post-fiscal cliff world. faber has an exclusive interview with the ceo of investment bank moelis and company. more in just a moment. >> announcer: the holid
be sure to catch money in motion currency trading on fridays 5:30 eastern and if you want more education about currencies, go to currency class@money motion.cnbc.com. >>> a bigger than expected slide in the past week down by 2.4 million barrels. crude supplies fell by 2.4 million barrels. 7.9 million barrels was the rise in gasoline inventories. then we are also looking at fuel supplies that were up by 3 million barrels. up by 3 million barrels. we are looking right now at a sell-off...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> house republican leaders making a counteroffer that was rejected by the white house yesterday. the proposal calls for $800 billion in increased tax revenue over the next decade which is half of what the president proposed in his plan. it does not include higher tax rates for the wealthy which is the central issue dividing the parties. we're joined by majority whip kevin mccarthy joining us from the hill. good to have you. good morning. >> thanks for having me. >> a lot has been made over whether or not you're trying to sell this as a bowles endorsed plan. are you? >> we're not t
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> house republican leaders making a...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? for over 60,000 california foster children, the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [...
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help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> it is interesting to zero how -- the guidance is below street consensus and looks immediately through it because they think you are sandbagging that guidance. so walk us through the deceleration in same store sales growth. why are you giving this forecast? is it capacity issues? what is behind the slowdown? >> i don't think it's really capacity issues for us at all. i think we have great product in the store right now. we definitely lost some momentum in the middle, or the beginning of the quarter in november. where we had some technical issues with our product notifications
help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground...